https://www.taxtmi.com/caselaws?id=415864 Written acknowledgments of outstanding liability and later settlement proposals by the corporate debtor were treated as acknowledgments extending limitation, so the Section 9 insolvency application was not time-barred. Additional electronic correspondence, said to have been found in the appellant's internal database after the adjudicating authority's order, was also permitted on record and considered because it related directly to the admitted dues and settlement discussions. On that basis, the limitation finding was set aside and the operational creditor's case was allowed to proceed for further steps under the insolvency framework. en-us Wed, 15 Dec 2021 00:00:00 +0530 Thu, 16 Dec 2021 09:05:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415864 Written acknowledgments of outstanding liability and later settlement proposals by the corporate debtor were treated as acknowledgments extending limitation, so the Section 9 insolvency application was not time-barred. Additional electronic correspondence, said to have been found in the appellant's internal database after the adjudicating authority's order, was also permitted on record and considered because it related directly to the admitted dues and settlement discussions. On that basis, the limitation finding was set aside and the operational creditor's case was allowed to proceed for further steps under the insolvency framework. Case-Laws Insolvency and Bankruptcy Wed, 15 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415864